In a customer-friendly move, Southwest Airlines LUV extended its published flight schedule from Oct 31, 2020 to Jan 4, 2021. Through this expansion, the carrier aims to introduce additional flights and routes to cater to the anticipated spike in demand for leisure travel during autumn and winter holidays.
Evidently, Southwest aims to operate more nonstop flights from destinations like Phoenix, Denver, Las Vegas and Nashville. From Nov 1, 2020 onward, this Zacks Rank #3 (Hold) low-cost carrier will add nonstop roundtrip flights (thrice daily) connecting Long Beach with Phoenix. Moreover, a nonstop flight will operate between Long Beach and Austin once a day.
Per the stretched flight roster, Southwest will operate a new nonstop flight once a day connecting Nashville and Orange County/Santa Ana, Calif. Further, the carrier will run a nonstop service between Ontario and Houston (Hobby) once daily from Nov. 1, 2020 onward. The flights will not operate on Sundays. Moreover, Southwest will add multiple nonstop flights across various cities in the United States starting Dec 17, 2020.
This apart, the airline currently aims to resume flights to Mexico and the Caribbean via Cancun, San Jose del Cabo/Los Cabos, Havana, Montego Bay and Nassau beginning Jul 1, 2020.
A few better-ranked stocks in the Zacks Transportation sector are Scorpio Tankers Inc. STNG, Teekay Tankers Ltd. TNK and Nordic American Tankers Limited NAT. Scorpio Tankers sports a Zacks Rank #1 (Strong Buy) while Nordic American Tankers and Teekay Tankers carry a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Scorpio Tankers’ current-year earnings has been revised upward in excess of 100% in the past 60 days.
The Zacks Consensus Estimate for Teekay Tanker’s current-year earnings has been revised 35.6% upward in the past 60 days.
The Zacks Consensus Estimate for Nordic American Tankers’ current-year earnings has moved 14.1% north in the past 60 days.
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Southwest Airlines Co. (LUV) : Free Stock Analysis Report
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